SOURCE: Business Review Australia

Business Review Australia

June 27, 2011 15:17 ET

Custom Fleet Moves Australian Businesses With Business Review Australia

SAN DIEGO, CA--(Marketwire - Jun 27, 2011) - Business Review Australia takes a look at Custom Fleet. Custom Fleet provides vehicle financing services and automotive fleet management. Essentially, Custom Fleet arranges financing for a given business' vehicle fleet, saving them money up front and freeing operating capital for other investments. Customers select their vehicles from dealers, with Custom Fleet paying the up-front costs. Custom Fleet essentially owns the vehicle and the customer pays Custom Fleet according to the contract terms.

When a customer's lease expires, Custom Fleet collects the vehicles, cleans them up, and resells them through various channels. The company sees roughly 20,000 vehicles going through this resell process yearly.

Through its fleet management services, Custom Fleet can deliver cost reductions, better forecasting, lower administration costs, and smarter choices. As experts in the market, Custom Fleet knows how to save its customers time and money.

The company can even provide customers with its multi-franchise "Fleet" card -- accepted at 6,000 fuel outlets and 9,000 repairers nationally -- which serves as a credit card for refueling and other vehicle expenses. Custom Fleet does not directly service vehicles that need repair or maintenance. Rather, the company has agreements with various service providers to address such issues.

To learn more about Custom Fleet, read the full article here.

About Custom Fleet

Custom Fleet has earned a reputation as Australia's premier fleet leasing service, and with General Electric backing it, there's no wonder why. GE has extended its highly successful business model to the company following its acquisition in 2006. As a subsidiary of GE Capital, "Custom Fleet helps Australian businesses manage both the physical and financial side of moving people around in vehicles," says managing director Jim Cock.

About Business Review Australia

Business Review Australia is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Australia. Business Review Australia is the territory-dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news. For more information, contact 1-760-827-7800 or visit http://www.businessreviewaustralia.com/.

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